Kiwi Dives after RBNZ, Fed Officials Talk Down Negative Rates

New Zealand Dollar drops broadly today following RBNZ’s decision to nearly double the QE program, and indicates its openness to negative rates. Australian Dollar is following as a distant second weakest. The sharp decline in US stocks overnight doesn’t carry forward to Asian markets. Other major currencies are relatively mixed, with Canadian and sterling as […]
The post Kiwi Dives after RBNZ, Fed Officials Talk Down Negative Rates appeared first on Action Forex.